According to a Tech Crunch report, Asus Wearable device will be Android based with an AMOLED screen at a price between USD 99 and USD 149, below those of the current crop of launch devices from LG, Motorola and Samsung.

Hence, this smartwatch will be pocket-friendly for wearable enthusiasts, and also for those who are not willing to shell out a lot of money for just trying if want a new gadget. The entire specifications and features will be revealed in the event itself.

In first week of June, Asus had also unveiled a hybrid device which combines laptop, tablet and mobile phones in its transformer book series.